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FUJI HEAVY TO INCREASE U.S. SUBARU DEALERSHIPS.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, June 1 Asia Pulse - Fuji Heavy Industries Ltd. (TSE:7270) will strengthen its U.S . sales network, raising by 2006 the number of dealerships specializing in Subaru vehicles to 450 sites, up 25 per cent from the 360 at the end of 2003.

The company will concentrate on establishing new dealerships in the southern U.S., including the cities of Atlanta, Houston and San Diego. Fuji Heavy's market share is lower in the southern U.S. in comparison to the northern U.S.

Fuji Heavy had a total of 585 U.S. dealerships at the end of 2003. Of that total, 360 sites, or about 60 per cent, either sold Subaru vehicles ...

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Source: HighBeam Research, FUJI HEAVY TO INCREASE U.S. SUBARU DEALERSHIPS.

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